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Succession planning 101: A step-by-step guide for small businesses

Business Management Daily

To avoid the stress and uncertainty of these transitions, it’s helpful to create a formal succession plan for your most critical roles to prevent operational disruptions when the time comes for a key employee to leave your organization. What is succession planning? Ideally, you should already be doing this.

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What’s keeping HR up? 5 key takeaways about changing priorities

HRExecutive

Of HR functions that have integrated AI into HR, the top uses are for writing summaries, creating job descriptions, taking meeting minutes and crafting communications. These are making leadership development and succession planning critical top priorities for senior leaders and boards of directors.

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Brokers: 5 HR Trends to Guide Your 2025 Strategy

Extensis

Quick look: A new year is here, and with it comes a fresh set of workplace trends, from further incorporating artificial intelligence into daily tasks to designing comprehensive succession plans. As such, clients should adapt their communication strategies and leadership styles to meet their unique workforce demographic.

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10 Best Headcount Management Software 2025

HR Lineup

Succession planning : Identifies skill gaps and recommends talent from the existing workforce. Succession planning : Enables businesses to plan for future leadership and workforce changes. Employee benefits : Manages health insurance, retirement benefits, and other employee perks.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

This data-driven approach supports a more inclusive workplace and helps organizations meet their diversity goals. Headcount reporting helps companies track the utilization of these different worker categories and assess whether the current workforce composition is meeting business needs. 0-1 years, 2-5 years, etc.)

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Workforce Forecasting: Your 5-Step Guide To Predict Staffing Needs

AIHR

Workforce forecasting is an essential part of a companys overall workforce management process, as its critical for a business to know how many people it requires to meet its needs. This involves reviewing hiring pipelines, internal talent pools , and potential challenges like retirements or high turnover in certain departments.

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Succession Planning For Business Growth

Professional Alternatives

Succession planning is a critical factor in the long-term success of your company. If a key executive retires, or if an unforeseen event removes top leadership from their role, you need to ensure that business will carry on. Effective Succession Planning is Important for Your Business’ Future.